d M. Aronowitz, executive vice president, general counsel and corporate secretary both departed the company without delay. In one of the announcement's the company indicated, "the departure was neither related to the Company's performance nor concerns about its financial controls". The back-to-back departures are somewhat curious and typically raise a red flag for Liberum. I would definitely keep an eye on the company. The dual departures were also highlighted in today's footnoted.org blog.
Friday, July 20, 2007
Are Weeds Growing at Miracle-Gro?
Over the last few days Scotts Miracle-Gro Company SMG (NYSE) announced the immediate departure of two executives at the firm. Christopher L. Nagel, executive vice president of the Company's North American consumer business and Davi
d M. Aronowitz, executive vice president, general counsel and corporate secretary both departed the company without delay. In one of the announcement's the company indicated, "the departure was neither related to the Company's performance nor concerns about its financial controls". The back-to-back departures are somewhat curious and typically raise a red flag for Liberum. I would definitely keep an eye on the company. The dual departures were also highlighted in today's footnoted.org blog.
d M. Aronowitz, executive vice president, general counsel and corporate secretary both departed the company without delay. In one of the announcement's the company indicated, "the departure was neither related to the Company's performance nor concerns about its financial controls". The back-to-back departures are somewhat curious and typically raise a red flag for Liberum. I would definitely keep an eye on the company. The dual departures were also highlighted in today's footnoted.org blog.
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